The Department of Energy & Climate Change (DECC) has announced its latest Domestic Renewable Heat Incentive update / consultation (RHI), on the 20th September, in its “Next Steps On Renewable Heat“.
This scheme is still proposed to be launched in the summer of 2013 as originally planned. The signs are very encouraging especially for Solar Thermal and Biomass. Renewable Living has gone through the lengthy consultation document and draws your attention to some key points:
- The Incentive is to be paid over 7 years
- Solar thermal installations would receive a 17p/kWh
- Biomass installations would receive a tariff between 5.2p-8.7p/kWh
- Having Solar Thermal & Biomass installed could lead to an even higher tariff
- As before, Homeowners will have to have installed some home improvements such as loft & cavity wall insulation. Their home will then have to have a Green Deal Assessment.
- The MCS Scheme is still to be the governing accredited body for the RHI.
This scheme is for everyone, including households, landlords, businesses, farmers, schools, hospitals, care homes and more. The RHI can even be used by entire communities, coming together to invest in a renewable scheme from which they will all use the heat and share the income.
Even after year seven, a Biomass & Solar Thermal system would continue to produce huge savings on your energy bills, especially for those who are off gas.
If you would like to know more about the RHI update, and how it effects you, please feel free to contact us.